Feature
BIS publishes paper on China’s capital controls
The Bank for International Settlements’(BIS) paper argues that China’s capital controls remain substantially binding.
Eagle-eyed regulators make compliance and control allocators' key in loan market
loans/distressed debt
Best of breed
Hedge Funds Review honoured Europe's most successful single hedge funds managers and hedge fund groups in July, in London, at its annual single-manager European Performance Awards. The envelope please, and the winners were…
The best possible outcome...
Whether trading on exchanges or outside their boundaries, managers will find themselves compelled by the Markets in Financial Instruments Directive to ensure they are measuring, achieving and monitoring 'best execution.' But London lawyers counsel…
Basel bonanza a boon for cold hard cash
While hedge funds may be used to holdings in cash management funds for investor redemptions, Basel II has given banks a greater incentive, to allow their use as collateral as well, Solomon Teague reports
The new foundation for hedge funds
Foundations and endowments are keen on hedge funds, but you've got to know what they want, write Jamie Wynn-Williams and Phyllis Feinberg...
Demystifying the practice of synthetic CDO valuation
Nosheen Khan, vice president, structured credit valuations at Markit, examines the base correlation mapping methods for implying bespoke collateralised debt obligation (CDO) correlations from standard index tranche correlations
Why the implied correlation of dispersion has to be higher than the correlation swap strike
It may be accepted wisdom and proven fact, that the implied correlation that results from a dispersion trade does not equal the price of a correlation swap in the market, but AXA Investment Managers Saad Slaoui and Jerome Vierling examine the theory…
Divide and rule?
MSS Capital's head of structuring in EMEA, Caelim Parkes examines the benefits and drawbacks of managed accounts, in answering why at least a portion of one's hedge fund assets should be managed in segregated accounts
Unbiased reporting
Edhec's Walter Gehin assesses the importance of database quality and impact on various biases, on hedge fund returns
London raises the bar...
As the London Stock Exchange says it will launch the Specialist Fund Market for hedge and other specialist funds, David Walker examines listing options
Getting strongly bullish about the prospects and future opportunities in the land of the bear
russia equity long/short
Dewey Ballantine adds Koster from UBS
Law firm Dewey Ballantine has hired Evan Koster as a partner in its New York office. Koster is responsible for structured products and related securities and commodities laws issues, including equity, fixed income, credit and commodity linked-notes.
HSBC hires Miller from Natixis
New York-based Eric Miller has joined HSBC Global markets as a managing director, responsible for distributing and marketing structured products to third parties. Miller reports to Todd Fruhbeis, HSBC’s head of wealth management and structured products…
Credit Suisse joins global warming index world
Credit Suisse has launched a new global warming index, offering the opportunity to invest in renewable energy and carbon controlling stocks which are selected by the bank’s equity research and Holt teams.
Euronext to launch volatility indexes
Stock exchange Euronext is to launch three volatility indexes to capture implied volatility embedded in option prices. The AEX Volatility Index, the BEL 20 Volatility Index and the CAC 40 Volatility Index can be used as underlyings for structured…
Barclays goes online with iShare trading
Barclays Capital is now offering online trading of iShares via its award winning Barx investor solutions platform. Once enabled, clients will be able to instantly click and trade ishares. The benefits of trading on the platform include tighter spreads…
BarCap investor solutions in Italy hires Boaron
Barclays Capital, the investment banking division of Barclays Bank, has hired Fabrizio Boaron as a managing director and head of private bank coverage, Italy for Investor Solutions, the retail distribution arm of BarCap.
Foreign exchange - Algos a go-go
Structured products
Foreign exchange - Carry on regardless
Carry trade
Islamic finance - Structuring for sharia
Structured products
Collateral concerns
CFXOs